Your tenants are customers, properties are your product and reputation is your brand.

IREM President Libby Ekre, CPM, shares five essential things to look for:Licenses & Certifications – Ensure the firm has certifications like CPM or ARM, guaranteeing adherence to industry standards.Regional Experience – Local market knowledge is crucial, especially for properties in smaller cities.Property Type Expertise – Match the company’s strengths with your specific property type for better management.Company Culture – Look for a firm that values customer service and team management.

You should have an inner circle of people you trust like your Banker, Agent and rely on the inspector to do their job.I have closed on many homes for customers that they did not visit first for example they are living in California buying in Indiana, Ohio, Florida or New York buying in Vegas. 

At any rate, turns out our framer uses Menard's doors all the time and was able to install those despite the plans calling for custom-sized doors.

Who is your primary customer, what is your RevPAR, what financing terms are you looking at, who is running the daily operations, are you looking to get under a major flag, i.e.

They are your customer but that doesn't mean they can dictate how you run your business.

These both seem somewhat high though considering I’m not trying to build anything too fancy or custom.

Marco,I'm extremely close with a RE attorney who got a template off the internet and then customized it. 

I would advise against for residential customers, since those units are simple and have straight forward maintenance that can be covered in an annual “tune-up”.

That way regardless of 2-4 units you can add an ADU for you or as extra rent per month.Most of my customers tend to buy outside of CA but it is possible to buy in Cali if you are going to buy as a primary home.